Overview of IT Act, 1961

Overview of IT Act, 1961

Professional Development

14 Qs

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Overview of IT Act, 1961

Overview of IT Act, 1961

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Hard

Created by

KrishnaMohan Shahi

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Chapters are there in the Income Tax Act, 1961?

XXIX

XXIII

XXIV

XXVI

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Sections are there in the Income Tax Act, 1961?

293

295

296

298

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definitions are provided in Section _____ of the Income Tax Act, 1961.

1

2

3

4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Previous Year is defined in Section _____ of the Income Tax Act, 1961.

1

2

3

4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Section _____ is the main charging section in Income Tax Act, 1961.

1

4

5

7

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Parliament has the power to levy tax on incomes other than ________

Exempt Incomes

Income of poor people

Agricultural Income

Income of President

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Highest Administrative Authority for Income Tax in India is ________.

Finance Minister

CBDT

PM of India

Member (Revenue)

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